Social Sciences, asked by abhisheklepcha18, 5 months ago

describe money and fanancial brefly?

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Answered by Anonymous
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Answer:

Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment.

Answered by Anonymous
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Money is a generally accepted, recognized, and centralized medium of exchange in an economy that is used to facilitate transactional trade for goods and services. ... Economically, each government has its own money system, defined and monitored by a central authority.

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